Ikea builds its China business into top 10 spot

Sweden's Inter Ikea Systems BV, the world's largest retailer for home furnishings, said China became one of its top 10 markets by revenue for the first time in the current fiscal year, which ends on Aug 31.

Baosteel set to buy stake in industrial gas company

Overcapacity in steel sector forces firm to chart new growth strategy

Fosun looks to extend presence in insurance

Fosun International Ltd, the investment arm of China's biggest closely held conglomerate, is in talks to acquire the US life insurance arm of Swiss Re Ltd, people with knowledge of the matter said.

New talent learns from a 'Global Connection'

Exchange program gives youngsters perspectives on entrepreneurship

Schools ranked on leadership, corporate ideals

Responsible leadership has become increasingly valued by Chinese business schools as shown by their growing efforts in initiating research, conferences and projects, according to a report released by SynTao, a corporate social responsibility consultancy company in Beijing.

Mondelez puts focus on healthy eating for rural children

Nutrition education through play and a vegetable garden form part of a three-year project for rural students launched by Shanghai-based Mondelez China and the China Youth Development Foundation.

IN BRIEF (Page 18)

Downturn shakes realty foundations

Among 70 major cities in China, 64 recorded month-on-month price declines for new homes in July, up from 55 in June. And beyond expectations, all major cities saw housing prices decline last month, the National Bureau of Statistics said on Monday.

Chinese firms keep UK auto industry ticking

Green car plans and investment help rejuvenate Coventry's auto credentials, Zhang Chunyan reports in London.

What's news

Fosun will become the top shareholder of Ironshore

Commerce Ministry: Foreign trade growth needs more support

Overall export confidence remains at a robust level in China, despite the tough economic challenges

Ministry: outward direct investment to maintain fast growth pace

China's outward direct investment will maintain a "quite fast, probably 10 percent" growth pace this year, Shen Danyang, the spokesman for the Ministry of Commerce, said on Monday.